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Acquisition of Tele.ring by T-Mobile cleared (with commitments) by the European Commission

The European Commission and the Austrian telecom regulator TKK have cleared the acquisition of the Austrian mobile phone operator tele.ring by T-Mobile Austria. CRA International provided economic advice to T-Mobile throughout the merger. After the merger T-Mobile Austria will remain the second largest operator in the Austrian mobile telephony market, increasing its market share to about a third of the market. The EC raised concerns that tele.ring may have had a particularly strong competitive impact on the Austrian market given its status as a low price provider. Nonetheless, the Commission cleared the case after T-Mobile offered remedies designed to strengthen the market position of smaller players including Huchison 3G.

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